Archive of Benefits
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TriNet’s Tip Tuesday
Posted on April 24, 2012 by Greg Owens in Benefits, Tip Tuesday
Tip Tuesday! What is the difference between HMO and PPO benefit plans? Health Maintenance Organization (HMO) Set co-pay for most services Many services covered 100%, so very little co-insurance cost BUT All care filters through the designated Primary Care Physician (PCP) No coverage for out-of-network providers Preferred Provider...
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2012 401(k) Contribution Limits, Participant Education
Posted on March 5, 2012 by Dan Toomey in Benefits, Best Practices, Human Capital Management
I wanted to follow up last week’s post about the new rules for 401(k) fee disclosures with additional good news for retirement savers. After three years without an increase to the 401(k) employee elective deferral limit, the IRS
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New Rules on 401(k) Plan Fee Disclosures
Posted on February 27, 2012 by Dan Toomey in Benefits, Best Practices, Human Capital Management
As a plan sponsor, do you know the true cost of your company’s 401(k) plan? You should, because you have a fiduciary duty to ensure these fees are ‘reasonable’. Unfortunately, deciphering your plan’s fees may not be that easy. Service...
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401(k) Plan Fiduciary Obligations 101
Posted on February 15, 2012 by Sheryl Southwick in Benefits, Human Capital Management, Legal
We all know that a 401(k) plan is a popular employee benefit. Yet when a company decides to sponsor a 401(k) plan, it needs to be familiar with its responsibilities under the Employee Retirement Income Security Act of...
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The Rise of High Deductible Health Plans
Posted on February 10, 2012 by Craig Bauer in Benefits, Human Capital Management
As Benjamin Franklin once said, there are two guarantees in life: death and taxes. If he were around today, he might add a third guarantee: your health insurance premiums will increase every year. With these rising at a tremendous rate...
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